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Capital expenditure RWE Power

Capital spending by RWE Power amounted to €1,456 million–up €262 million on the previous year. Almost all of this money was spent on property, plant and equipment. The major project was the 2,100-MW dual-block lignite-fired power plant in Neurath near Cologne, Germany. Substantial delays occurred due to a severe work-related incident in October 2007. We commented on this in our interim report for the first three quarters of 2007. Based on our current plans, the two units are scheduled to go online in 2011. Another investment focus was the 875-MW combined-cycle gas turbine power station in Lingen, Germany. This project did not progress as rapidly as originally planned. However, we still intend to commission this power station before year-end. Another important project is the construction of the 1,530-MW hard coal dual block in Hamm, Germany. It is scheduled for completion by 2011. Furthermore, RWE Power did preparatory work for the hard coal twin unit facility planned in Eemshaven, Netherlands.